RG Barry Brands’ CEO Greg Tunney Steps Down
RG Barry Brands’s president and CEO Greg Tunney is stepping down from both roles, effective immediately.
Tunney will continue to work with its board of directors in the role of senior adviser. In December, Tunney will also assume the post of chairman of the Two Ten Footwear Foundation.
And Tunney isn’t stepping away the dayto-day activities of the shoe business. After taking a break to spend time with family, he will take on a new role at a footwear and accessories firm.
“New challenges and opportunities are what gets my juices going,” he said. “I think I did everything to grow our business at RG Barry, and the time had come for me to move on and take on some new opportunities.”
During Tunney’s tenure at RG Barry, the firm transitioned from being a public company to a private one and acquired the Baggallini bag line and the Footpetals footwear accessories brand. According to Tunney, during the past 12 years, the company has achieved more combined profits than it had been able to achieve in the prior 58 years in total. The company expects to post 2017 sales of $200 million.
An industry veteran, Tunney also reflected on the dramatic changes that have transformed the retail business in recent years. “The convergence of the e-commerce wars, the collapse of the mid-tier channel and the drive of discount [stores] have made this business not for the faint of heart. However, these [changes] drive the business and make it exciting.”